The Importance of SSAE 16 Approved Data Centers

At any given time, financial institutions are subject to audits to insure they are operating in accordance to best practices. When it comes to storing financial information on a server, clients should definitely go with a SSAE-16 approved colocation provider. So, what exactly does SSAE-16 mean, and more importantly, what are the advantages of this audit?

SSAE-16 is a certification process set fourth by the American Institute of Certified public accountants. SSAE-16 is essentially an audit  by which any web-hosting or dedicated server hosting company can undergo. This audit documents internal controls with regards to security, trust, service & processing protocols.

It is important to look for the SSAE-16 certification logo if you are considering hosting your server and website within a colocation facility. SSAE-16 certified data centers adhere to the strictest standards of reporting quality controls to financial auditors. They are typically subject to less visits from auditors and provide a little extra piece of mind in regards to securing confidential financial documents.

Maintain a Competitive Edge With SSAE-16

Organizations who choose to undergo the SSAE-16 auditing process benefit in a number of ways:

Expect an annual ROI

– SSAE-16 audits can increase customer retention rates and build trust. Clients will typically feel better about their service provider’s organizational productivity. Audits also send the message that a company is held accountable shall anything go wrong.

Competitive Edge

– SSAE-16 reports differentiate a service organization from the competition. Prospective clients will typically choose your organization over another because you have chosen to adhere to strict quality control standards.

Reporting Efficiency

– SSAE-16 approved data centers and service providers can reduce the overall time spent on reporting procedures. Having a standardized reporting procedure in place prevents an excess of questions from third party auditors. If your organization is SSAE-16 approved, auditors will already know what to look for in regards to a service providers reporting system.

Although colocation providers are not required to undergo the SSAE-16 certification, it is a very good idea to consider doing so. SAAE-16 provides comfort to key stakeholders who may ultimately choose your company to secure its data. If they see you have a SAAE-16 certification, and they are able to comprehend its importance, they are more likely to choose your company over another.

For more information contact Albert Ahdoot